Saturday, September 22, 2012

Money doesn't grow on trees !


It doesnt need an economist to say that money doesnt grow on trees. And any Tom Dick and Harry who will be able to prove that need not rule us. We all know that money doesnt grow on trees so do our salaries , which the netas think is their pocket money (Ofcourse we pay tax for the salaries we get and thats how government makes money). Ofcourse everyone needs money for survival and the standard of living is directly proportional to the amount one earns.If the netas dont resort to deficit financing in their own personal lives, how dare they think they can do it with the national economy ? I do understand the difference between managing personal economy and national economy but this is the heights of misusing the public money.

Does any of the neta babus know how our nation has reached the peak of fiscal imprudence? I sometimes feel that the strategy adopted by the so called highly qualified economists who wish to bring in reforms is like "Penny Wise Pound Foolish !". I do not intend to teach them economics or disrespect them. If one thinks he is intelligent by saying that money doesn't grow on trees, he should also know that a penny saved is a penny earned. Instead of wondering where the money grows , why dont you keep a check on where the money goes ? Is it the fact that our netas are ashamed to accept that the money goes into scams (upmteen of them).Or if thats not the case then whose money goes into scams ? Can any neta answer that? Does these netas even understand what it feels to get taxed at the end of a hard woirking day ?
The netas and so called greatest economists perhaps dont know how hard it is to earn. And thats the reason they set Rs 66 and 35 (in cities and villages respectively) as the standard to determine the BPL. Can any economist dare to try to survive an entire day with 66 Rs in hand? If not for such economists I would like to quote "Minus Humane Feelings , Education is of no Value" (it applies only to those netas who are educated). What's the use of your Gold medal , your degrees , your experience being the chair person of a great national financial organization ? Is it what you have brought out of your decades of experience?

It is not that the nation has forgotten the great reforms brought in a couple of decades ago by then Finance Minister Mr. Singh. The quesiton is not is Mr. Singh capable of bringing in reforms again? The question is also not has our P.M become corrupt or puppet of some people? The question is also not why government is not doing anything about the much hyped lokpal or the fraudsters ? The question is also not why havent you hanged Kasab yet or when will you stop corruption ? The quesiton is "when will you understand the problems of a common man on whose earnings you are getting your salary"?

It's an appeal to the netas doesnt matter to which party they belong to , its time to stop being so self obsessed and start thinking about the common people.

FDI - "Fund (that) Develops India " OR "Foreign Destructive Investment in India"


Hmmm ... You really gotta be patient enough to read this.

Once upon a time , there was a house named 'Bharat Sadan' and there lived a very happy family of an Old but cheerful couple , the couples 3 sons. This family had set an example of being the almost perfect family , yea I know , what am saying , it's almost perfect and not the perfect. All the members of the family , including the wives of the 2 elder sons lived in harmony!

One fine day , one man from another near by town , came to visit this family with an intention to propose an alliance to the youngest of the three sons. At the outset the prospective bride looked very beautiful and was very rich as a matter of fact and upon the agreement of both the prospective groom and bride and their respective parents , the alliance was fixed and they fixed a date for the marriage as well.

While discussing about the marriage , the brides father proposed to give a hefty dowry , which however , was rejected decently by the groom and his father. Nevertheless the brides father did send a lot of jewellery with his daughter (as love) which however was not opposed.

With the passage of time , the old couple for some reason unknown , started discriminating between the youngest daughter-in-law and the rest. The old couple went to an extent where tehy started ill-treating the elder daughter-in-laws , stating their finanicial background as the reason for their ill-treatment.Also , the youngest daughter-in-laws' father started exercising his control over the family and started influencing the family's decision. Somewhere , the fact that the elder daughter-in-laws' parents didnt give much jewellery to them did pinch this old couple.

!! Stop Stop Stop !! I am not campaining against the dowry act or something. The story ends here. Infact , its more than just a story , if you can analyse and see through its the present conditon of our nation.

Now lets see the story this way : The family is our nation , the old couple is like our nets babus , and the daughter-in-laws are our small and medium retail business owners. The jewellery given by the bride's father is the FDI which the whole nation in opposing. I don't say I am an anti-FDI or something, FDI is indeed good but to what extent ? with a lot of FDI , the foreign corporates have started influencing the nations decisions directly / indirectly .

Consider this example , one lady was in the board of directors of the largest retail store chain in the world and her husband was the president of most influential and powerful country. For a lady of that stature , how difficult it is to push that retail store chain in India and how difficult it is for her husband to influence our netas to go for FDI ? 

We need FDI in infrastructure , education , power and in retail too. But doesnt the governing bodies think there is already enough FDI in retail ? Instead , help the SME retail business owners grow , give them facilities , loans etc whatsoever it may be. Let our money be in our nation. Only because some Tom Dick and Harry Inc. sells the goods as a little cheaper than our own people we buy from them like we are crazy and say you know Tom Dick and Harry Inc. offers you free home delivery and now going to store and purchasing becomes downmarket !

Howerver there are different schools of thought. One of them says , if Tom Dick and harry Inc. expands his business in India , there will be more employment oppourtunities but what they fail to see is that while this Tom Dick and Harry Inc. employs 15-20 sales people in its store , the remaining 40-50 SME retails business owners have to shut down their stores.

On the other hand , one school of thought says , "If you allow FDI , there will be multi-brand availability and market will expand as the Indian Population is becoming more consumeristic." . Yes certainly Indian Population is becoming more consumeristic but why doesnt the government provide facilities for SME retail business owners so that even they can make the multi-brand one stop shop available ? Do you need to go to Tom Dick and Harry Inc. to buy A1 jeans / shirt ? If you are getting the same consumable at our local businessman's shop at almost the same price why don't just buy from him?

All I can say is upto a level FDI is "Fund (that) Develops India " , otherwise "Foreign Destructive Investment in India"


Disclaimer : The content of this article expresses the views of the author. The author doesn't intend to be biased and influence the opinion of the readers. Neither the author intends to criticize the governing bodies of the nation.